Res 90-213RESOLUTION NO. 90-213
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
POWAY DETERMINING THAT PUBLIC IMPROVEMENTS FOR THE
POWAY CORPORATE CENTER PROJECT ARE OF PUBLIC
BENEFIT TO THE PAGUAY REDEVELOPMENT PROJECT AND
THE IMMEDIATE NEIGHBORHOOD IN WHICH THE PROJECT IS
LOCATED AND DETERMINING THAT THERE ARE NO OTHER
REASONABLE MEANS OF FINANCING SAID PUBLIC
IMPROVEMENTS
WHEREAS, the Poway Redevelopment Agency (the "Agency") is
authorized to conduct redevelopment activities within the
Paguay Redevelopment Project Area (the "Project Area"), which
activities include funding the construction of public
improvements; and
WHEREAS, the Agency desires to enter into an Owner
Participation Agreement (the "Agreement") with Tech Business
Center, a California general partnership (the "Participant"),
which Agreement provides for the construction of certain public
improvements (the "Improvements") in the Poway Corporate Center
Project; and
WHEREAS, the Redevelopment Plan for the Project Area
authorizes and directs the Agency to pay all or part of the
value of the acquisition and construction of public
improvements, which are enumerated in materials referenced in
the Redevelopment Plan and which includes street improvements;
and
WHEREAS, the Agency desires to contribute toward the cost
of the public improvements enumerated in the Agreement; and
WHEREAS, California Health and Safety Code Section 33445
provides that the redevelopment agency may, with the consent of
the legislative body, pay all or part of the value of public
buildings, facilities, structures or other improvements upon a
finding that such public improvements are of benefit to the
Project Area or the immediate neighborhood in which the Project
is located and that there is no other reasonable means of
financing such public improvements available for the community;
and
WHEREAS, the City Council has duly considered all terms and
conditions of the proposed Agreement and believes that the
construction of public improvements pursuant to the subject
Agreement are in the best interests of the City and the health,
safety and welfare of its residents.
NOW, THEREFORE, the City Council of the City of Poway does
hereby resolve as follows:
Resolution No. 90-213
Page 2
Section 1: Pursuant to Health and Safety Code Section
33445: (i) the provision of the Improvements is of benefit to
the Project Area and the neighborhood in which such
Improvements are to be situated; and (ii) no other reasonable
means of financing the Improvements are available to the City
of Poway.
PASSED, APPROVED, and ADOPTED this 27th
of November , 1990 by the following vote:
day
AYES:
BRANNON, EMERY, GOLDSMITH, HIGGINSON
NOES: NONE
ABSENT: KRUSE
ABSTAIN: NONE
Mayor of the ~i~y of Poway
ATTEST:
City
11/21/90
2615u/2468/007 -2-
Resolution No. 90-213
Page 3
I, Marjorie K. Wahlsten, City Clerk of the City of Poway, do
hereby certify, under the penalty of perjury, that the foregoing
Resolution No. ~0~213 , was duly adopted by the City Council at
a meeting of said City Council held on the 27th day of
N0v~mber , 1990, and that it was so adopted by the
following vote:
AYES: BRANNON, EMERY, GOLDSMITH, HIGGINSON
NOES: NON E
ABSTAIN: NONE
ABSENT: KRUSE
Marj~.ri~ K. Wahlsten, City Clerk
City ~) Poway